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By Armstrong Watson

18th August 2022

HMRC Approved Mileage Rates – do they pay their way?

Rising fuel costs affect everyone, but for the motor industry they have an immediate daily impact on both direct costs and your employees.

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By Armstrong Watson

10th August 2022

Motor dealers alerted to new method for disclosing VAT errors

It is inevitable with the number of transactions taking place within a motor dealership that some VAT errors will occur. It would be reasonable to suggest, if you identify these without HMRC intervention, it shows that your control procedures are working as intended. Once an error is identified however, to minimise the chance of penalties being applied, it is essential you manage it correctly.

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By Amanda Heys

9th August 2022

Building a secure financial future: The importance of early pension savings for younger workers

Many younger people now rely on the bank of Mum and Dad to help get them on the housing ladder. As well as being a useful source of funds, they may also have some important life lessons to impart when it comes to saving towards a more secure financial future.

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Child donating to charity

By Hydeam Sulton

4th August 2022

Warning for Not for Profits as HMRC makes changes to criteria of ‘what is a business activity’

HMRC has changed how it now approaches determining whether or not an activity is a business activity. Hydeam Sulton explains what this means for charities, not for profits and providers of nursery and creche facilities.

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By Hydeam Sulton

4th August 2022

Making Tax Digital Compliance checks: How to avoid penalties

HMRC have published a new factsheet which sets out the penalties that may be imposed for failing to comply with Making Tax Digital  (MTD) for VAT requirements. Here, our Head of VAT & Indirect Tax, Hydeam Sulton, describes the penalties and how you can avoid them. 

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By Becky Bowness

4th August 2022

Research and Development (R&D) tax relief reform

Here Becky Bowness, Partner and Head of Tax, explains how the mechanics of Research and Development (R&D) tax relief is due to change, including extending the range of qualifying expenditure, a refocus on inward innovation and enhanced claim management using digital input.

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By Steve Shovlin

3rd August 2022

Has Contributing to a Pension become even more important?

The COVID pandemic has seen unprecedented support for many people and businesses in the UK over the last 2 and a half years. Enforced lockdowns around the world has led to supply chain issues with many goods being delayed for months. The global economy initially saw a sharp downturn and thankfully has then seen a recovery as we all came out of our houses last year.

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Married Couple

By Armstrong Watson

1st August 2022

Are You Entitled To The Marriage Allowance?

The Marriage Allowance currently lets you transfer £1,260 of your Personal Allowance to your husband, wife or civil partner.

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hands holding golden egg

By Hayley Towlson

20th July 2022

Protecting your income for an unexpected future

Managing your income for an unexpected future - Hayley Towlson explains the benefits of Income Protection

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Business man ready creditor debt letters

By David Hush

19th July 2022

How to deal with pressing creditors

David Hush from our National Creditor Services team provides his advice about what you should do if you are facing pressure from Creditors looking to reclaim owed debts.

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